Nigeria ranks 19 in Africa on investment destination – report
Nigeria, Africa’s most populous and largest economy, ranks 19 out of 54 countries on the continent on investment destination, according ...
Saturday, March 14, 2026
Tag: Egypt
Egypt hikes fuel prices, second time since currency float
Egypt's government on Thursday increased gasoline and diesel prices in the second fuel hike since a currency floatation and the ...
Egypt’s EFG Hermes targets global insurance acquisitions
Nigeria may be on the radar of Egypt‘s top investment bank, EFG Hermes, as it begins global insurance acquisitions. Reports ...
Nigeria falls behind Egypt in foreign reserves, first time in six years
Egypt’s foreign-exchange reserves have overtaken Nigeria’s for the first time since 2011. The North African country, which floated the pound ...
Oil jumps as Qatar ditched, London attacks hurt sterling
Oil jumped after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain cut ties with Qatar on Monday while sterling ...
Egypt’s foreign reserves jumps to $31.126 bln in May
Egypt's foreign reserves rise to $31.126 billion at the end of May from $28.641 billion at the end of April, ...
Carlyle’s $700 million Africa fund is eyeing two deals in Egypt
Carlyle Group LP, one of the world’s largest private equity firms, sees two buying opportunities in Egypt this year after a ...
Egypt blocks financial newspaper website, widening media blackout
Egypt has blocked the website of one of its most prominent financial newspapers, according to reports by Reuters. The paper's ...
Egypt sets price guidance for Eurobond sale, sees lower yields
Egypt's Finance Minister Amr El-Garhy Egypt expects to price its expected $1.5-$2 billion sale of reopened Eurobonds on Wednesday at ...
Egypt budget deficit down to 8 percent of GDP in first nine months of 2016-17
Egypt's budget deficit for the first nine months of the 2016-17 fiscal year ending in June dipped to 8 percent ...
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